American Business Bank (OTCMKTS:AMBZ) Short Interest Down 16.7% in January

American Business Bank (OTCMKTS:AMBZ) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 500 shares, a decline of 16.7% from the January 15th total of 600 shares. Based on an average daily volume of 14,800 shares, the short-interest ratio is presently 0.0 days.

American Business Bank Stock Down 2.7 %

OTCMKTS AMBZ opened at $45.70 on Monday. American Business Bank has a 52 week low of $29.75 and a 52 week high of $46.99. The stock has a market capitalization of $416.05 million, a PE ratio of 9.85 and a beta of 0.72. The firm has a 50 day moving average of $44.17 and a two-hundred day moving average of $40.74.

American Business Bank (OTCMKTS:AMBZ) last posted its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.33 EPS for the quarter.

American Business Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, February 24th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, February 24th. This represents a $1.00 annualized dividend and a dividend yield of 2.19%. American Business Bank’s dividend payout ratio is presently 21.55%.

About American Business Bank

American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.